Joel Ssenyonyi The Leader of the Opposition, Hon. Joel Ssenyonyi has asked government to stop any further allocation of funds to Inspire Africa Coffee, a private entity financed by government to establish a coffee factory as a tertiary hub for last mile coffee value addition in Ntungamo District. Ssenyonyi
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With America Freezing Aid, Uganda Should Quickly Utilize Shs14.6 Trillion In Unused Loans
By Denis Jjuuko It is 10.00am somewhere in Abidjan or Washington. The boardroom is well set up. The temperature is on point, to use Kampala language, and with the press of a button, the microphones become red hot and the giant screen is switched on. In the room, are several
Read MoreHow Uganda Baati Is Fueling Industrial Growth At Inspire Africa’s Coffee Park In Ntungamo District
Inspire Africa Industrial Park in Ntungamo district. The building materials are supplied by Uganda Baati Uganda’s industrial sector continues to expand, with manufacturing growing by 7.9% and agriculture’s gross value-added increasing by 4.4% in Q3 of 2023/24, according to the Uganda Bureau of Statistics. As the country prioritizes value addition,
Read MoreFollowing the suspension of all foreign aid from the United States of America by President Donald Trump, the Uganda AIDS Commission (UAC) has been thrown in disarray prompting calls to Parliament to ensure Shs300Bn is availed to the Commission if Uganda is to reverse the looming crisis that awaits the
Read MoreBy Owor Domisiano In November 2024, Baku, Azerbaijan, became a hub for climate negotiations as Parties to the United Nations Framework Convention on Climate Change (UNFCCC) gathered for the 29th Conference of the Parties (COP29). This session marked the 19th for the Kyoto Protocol and the 6th for the legally
Read MoreMichael Atingi-Ego President Yoweri Museveni has appointed Dr Michael Atingi-Ego as the substantive Governor of Bank of Uganda. Faruk Kirunda, Deputy Press Secretary, Office of the President confirmed the appointment. He revealed that the President also appointed Prof. Augustus Nuwagaba, a former economics lecturer at Makerere University as BoU's deputy
Read MoreThe Bank of Uganda (BoU) has revealed that interest rates have edged up despite easing of monetary policy in October 2024 due to the fiscal policy stance. BoU last Thursday maintained the Central Bank Rate (CBR) at 9.75% in order to control inflation while fostering Uganda’s economic growth and socio-economic
Read MoreAgents Tipped On Power Of Unit Trusts In Growing Wealth, Savings As Old Mutual Investment Group Celebrates Growth & Value At 2025 Annual Agents Awards
Winners pose for a photo at the 2024 Annual Agents Awards and 2025 Incentives Launch at the Golf Course Hotel in Kampala. The Old Mutual Investment Group (OMIG), a black-owned African investment manager with a strong history of fostering investment growth, hosted the 2025 edition of the 2024 Annual
Read MoreParliament has approved a request by the Ministry of Public Service to allocate Shs5 billion for recognizing individuals who contributed to Uganda’s independence. The initiative aims to instill patriotism, unity, and national pride among future generations. The decision followed the presentation of the 2025/26 Budget Framework Paper by Achia Remigio,
Read MoreThe Ministry of Works and Transport is considering a second closure of Karuma Bridge on the River Nile to complete critical repair works on the facility that connects northern Uganda to the central region. Gen. Katumba Wamala, Minister for Works and Transport, revealed this on Wednesday while appearing before Parliament’s
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